WI SB706 | 2019-2020 | Regular Session

Wisconsin Senate Bill 706 (Prior Session Legislation)

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 5-0)
Status: Failed on April 1 2020 - 100% progression
Action: 2020-04-01 - Failed to pass pursuant to Senate Joint Resolution 1
Text: Latest bill text (Introduced) [PDF]

Summary

An Act to renumber and amend 71.365 (4m) (d) 1.; to amend 71.29 (7) (b) and 71.29 (10) (a); and to create 71.29 (10) (d) and 71.365 (4m) (d) 1. a. and b. of the statutes; Relating to: modifications to the tax treatment of tax-option corporations that elect to pay tax at the entity level. (FE)

Title

Modifications to the tax treatment of tax-option corporations that elect to pay tax at the entity level. (FE)

History

Date	Chamber	Action
2020-04-01	Senate	Failed to pass pursuant to Senate Joint Resolution 1
2020-03-13	Senate	Senate Amendment 1 offered by Senator Jacque
2020-02-18	Senate	Available for scheduling
2020-02-18	Senate	Report passage recommended by Joint Committee on Finance, Ayes 14, Noes 0
2020-02-17	Senate	Executive action taken
2020-02-10	Senate	Withdrawn from committee on Senate Organization and rereferred to joint committee on Finance pursuant to Senate Rule 46(2)(c)
2020-02-05	Senate	Available for scheduling
2020-02-05	Senate	Report passage recommended by Committee on Agriculture, Revenue and Financial Institutions, Ayes 6, Noes 3
2020-02-05	Senate	Executive action taken
2020-01-29	Senate	Public hearing held
2020-01-28	Senate	Fiscal estimate received
2020-01-24	Senate	Read first time and referred to Committee on Agriculture, Revenue and Financial Institutions
2020-01-24	Senate	Introduced

Wisconsin State Sources

Type	Source
Summary	https://docs.legis.wisconsin.gov/2019/proposals/reg/sen/bill/sb706
Text	https://docs.legis.wisconsin.gov/document/proposaltext/2019/REG/SB706.pdf